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We can’t know how long the war in the Middle East will last. Nor can we know who will “win” it, and in which terms. What we know is that the destruction already wreaked on things and people is immense, and it keeps escalating. The longer the war, the bleaker their perspectives in a region already plagued by all sorts of problems, including drought, soil degradation, ecosystem damage, scarce agricultural resources, declining fertility rates, and more.
This study evaluates how Europe can fulfil its goal of “achieving resource security” and “reducing strategic dependencies” for its energy transition metals, through a demand, supply, and sustainability assessment of the Green Deal and its resource needs.
Reaching climate neutrality by 2050 will require 35 more times lithium and up to 26 more times the amount of rare metals compared to today’s limited use, according to a study by a team of researchers from the Belgian university KU Leuven. The study “Metals for Clean Energy” was commissioned by Eurometaux, Europe’s association of metal producers.
Metals will play a central role in successfully building Europe’s clean technology value chains and meeting the EU’s 2050 climate-neutrality goal. In the wake of supply disruptions from the COVID-19 pandemic and Russia's invasion of Ukraine, Europe’s lack of resilience for its growing metals needs has become a strategic concern. This study evaluates how Europe can fulfil its goal of “achieving resource security” and “reducing strategic dependencies” for its energy transition metals, through a demand, supply, and sustainability assessment of the EU Green Deal and its resource needs . It concludes that Europe has a window of opportunity to lay the foundation for a higher level of strate- gic autonomy and sustainability for its strategic metals through optimised recycling, domestic value chain investment, and more active global sourcing. But firm action is needed soon to avoid bottlenecks for several materials that risk being in global short supply at the end of this decade.
